Personal Computer Loan Program

Personal Computer Loans

Full-time faculty and staff, employed at least six months, are eligible to apply for
a 12-month,

interest-free loan for the purchase of new microcomputer hardware. The Personal Computer

Program provides 80 percent of the cost of the computer hardware up to a maximum outstanding

balance of $2,000. Loans are repaid through automatic payroll deduction in equal payments
over

twelve months. Participants in the program are required to sign a security document
and payroll

deduction card.

If the employee terminates employment with the university, the outstanding balance
on the

computer loan will be deducted from the last payroll check. If the last check is not
sufficient to

cover the remaining loan balance, the employee will be required to pay the balance
prior to final

clearance from the university.

To apply, send a written request including your name, home address, department and
the

anticipated total amount of purchase and written vendor quote or invoice for the hardware
to Tina Sharp at 270-809-3789 or email at tsharp2@murraystate.edu in the Office of
Accounting and Financial Services.